SCMTD February 2004 Board of Directors Agendas - Santa Cruz ...

I
NOTE 4 - CHANGES IN CAPITAL ASSETS (Continued)
June30.2002
Non Depreciated Assets
Land
Construction-in-progress
Total Non Depreciated Assets
Depreciated Assets
Building and Improvements
Revenue Vehicles
Operations Equipment
Other Equipment
Other Vehicles
Oftice Equipment
Total Depreciated Assets
Less Accumulated Depreciation
Depreciated Assets Net of Accumulated
Total
Balance Additionsand Retirements Balance
July I,2001 Transfers and Transfers June30,2002
$ 3,763,502 $ - $ - $ 3,763,502
1,018,441 127,314 (970,107) 175,648
4,781,943 127,314 (970.107) 3,939,150
10,081,614 2,203 (514) 10,083,303
19,288,954 2,500,995 (1,596,724) 20,193,225
1,252,569 908,521 (125.445) 2,035,645
1 ,I 95,528 51,518 (3169) 1,243,396
747,229 58,077 (11,763) 793,543
1,164,113 142,588 (5,731) 1,300.970
33,730,007 3,663,902 (1,743,827) 35,650,082
(18,206,492) (2,490,oao) 1,743.757 (18,952,815)-
15,523,515 1,173,822 (70) 16,697,267
$ 20.305.458 $ 1.301.136 $ (970.177) $ 20.636.417
NOTE 5 -AVAILABLE NET ASSETS
An analysis of the Districts available (undesignated) net assets at June 30, are as follows:
Current assets
Current liabilities
2003
$ 23,256,699
(6,678,488)
Working capital 16,578,211
2002
$ 26,229,745
(6,747,562)
.
19,482,183
Less:
Inventory
Prepaid expenses
Total available net assets
Net assets designated for the following:
Cash flow
Workers’ compensation reserve
Insurance reserve
Alternative fuel conversion fund
Bus stop improvements reserve
Net assets required to fund transportation improvement
programs for the fiscal years 2003-2007
Available undesignated net assets (deficits)
(814,045)
(77,049)
15,687,117
' (2,600,OOO)
(1.320,OOO)
(770,000)
(462,000)
(400,000)
(13,350,000)
$ (3,214,883)
(862,599)
(37,502)
18,582.082
(2,600,OOO)
(1,320,OOO)
(900,000)
(462,000)
(400,000)
(14,385,OOO)
$ (1,484,918)
ia
: